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Canara Bank removes minimum balance requirement for all savings accounts

Jun 1, 2025

New Delhi, June 1 (IANS) In a customer-friendly move, the Canara Bank on Sunday officially scrapped the penalty for not maintaining a minimum balance in savings accounts starting June 1.With this decision, customers holding any type of savings account with Canara Bank will no longer be charged or penalised for failing to maintain a minimum balance.…

Tata Motors’ sales decline over 8.5 pc in May

Jun 1, 2025

Mumbai, June 1 (IANS) Tata Motors on Sunday reported an 8.6 per cent year-on-year (YoY) drop in vehicle sales for May 2025 across domestic and international markets, continuing a trend of subdued performance in its core domestic…

Business

Mahindra and Mahindra clocks 17 pc growth in auto sales in May 2025

Jun 1, 2025

Mumbai, June 1 (IANS) Mahindra and Mahindra on Sunday reported a solid performance in May 2025, with overall auto sales reaching 84,110 units -- a 17 per cent increase compared to May 2024.The figure includes both domestic and export…

Business

RBI MPC, PMI data, FII activity, global economic indicators to drive stock market next week

Jun 1, 2025

Mumbai, June 1 (IANS) The coming week is expected to be a crucial one for the Indian stock markets, with key domestic and global factors set to influence market sentiment.These include the Reserve Bank of India’s (RBI) Monetary Policy…

Business

‘Blown away’ by magnitude of Adani Group’s Khavda RE park: Former Danish Ambassador

Jun 1, 2025

Copenhagen/New Delhi, June 1 (IANS) Freddy Svane, the former Danish Ambassador to India, on Sunday said he was "blown away" by the magnitude of the Adani Group’s mega renewable energy (RE) park in Gujarat's Khavda.Speaking to IANS, Svane, a…

Business

Piyush Goyal commences official visit to France, Italy to boost economic ties

Jun 1, 2025

New Delhi, June 1 (IANS) Union Minister of Commerce and Industry, Piyush Goyal, on Sunday commenced his official visit to France and Italy, reflecting India's continued commitment to deepening strategic and economic ties with key European…

Business

US raises issue with South Korea’s restrictions on beef imports, data transfer

Jun 1, 2025

Seoul, June 1 (IANS) The United States has called for resolution of South Korea's restrictions on beef imports, living modified organisms (LMOs), overseas transfer of high-precision map data and other non-tariff measures in their latest…

Business

CII elects Rajiv Memani as new President for 2025-26

Jun 1, 2025

New Delhi, June 1 (IANS) The Confederation of Indian Industry (CII) on Sunday elected new office bearers for the year 2025-26 and Rajiv Memani, Chairman and CEO of EY India, has assumed office as the CII President.He takes over from Sanjiv…

Business

GIFT Nifty clocks all-time high monthly turnover of $102.35 billion in May

Jun 1, 2025

Mumbai, June 1 (IANS) GIFT Nifty has recorded the highest-ever monthly turnover of $102.35 billion (Rs 8,75, 098 crore) with 2.10 million contracts during May, it was announced on Sunday.GIFT Nifty, which stands as a new benchmark to the…

Business

The Third Eye: ‘Panchatantra’ of Business Management

Jun 1, 2025

New Delhi: Of the five basic principles governing business management, the first flows from the reality that all business is ‘human’ activity as it is an operation ‘by the people and for the people’. Various facets of business-promotion of…

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